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New Allen Stanford Indictment Unlikely to End Delays
Anonymous
Posted: Saturday, August 13, 2011

Posted: 5/12/2011 9:14:34 AM

By: knightmare3000

I live in Housto,TX. with all the coverage in the newspapers here, I wonder if jury selection is going to be a problem. then either delay the start of the trial in trying to get unbiased jurors or have to change venue. my guess is more delay.


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 5/11/2011 8:26:22 AM

By: Scott Cohn


A federal grand jury in Houston has returned a new, 14-count indictment against alleged fraudster Allen Stanford, who was already accused in 2009 of running a $7 billion Ponzi scheme. But the new charges are unlikely to move the case closer to a trial.

http://www.cnbc.com/id/42904441


 

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.